FIXING THE CEILING PRICES OF COMMODITIES AND FOR OTHER PURPOSES
By virtue of the powers vested in me by section 3 of Republic Act No. 509, entitled “An Act declaring national policy, authorizing the President of the Philippines for a limited period to fix ceiling prices of commodities and to promulgate rules and regulations regarding prices of commodities to effectuate such policy, and authorizing the appropriation of a certain sum for the purpose,” and upon the recommendation of the Price Administration Board, I, ELPIDIO QUIRINO, President of the Philippines do hereby order:
Section 1. The following essential commodities shall not be sold at more than the maximum selling prices for importers, wholesalers and retailers set opposite each:
FOODSTUFF (LOCAL)
Commodity | Unit | Wholesaler’s price | Retailer’s price |
Beverage | |||
Roasted Ground Coffee, locally prepared (with imported coffee beans) packed in paper bags : | |||
Brand: | |||
Cafe Pure | Bag/1/2# | P1.35 | P1.55 |
Cafe Puro | Bag/1# | 2.60 | 2.95 |
FOODSTUFF (IMPORTED)
Commodity | Unit | Importer’s price | Wholesaler’s price | Retailer’s price |
WITHOUT 17 PER CENT SPECIAL EXCISE TAX ON FOREIGN EXCHANGE | ||||
CANNED MEAT | ||||
Corned Beef: | ||||
Hereford Brand | 48/12-oz | P44.40/cs. | P48.45/cs. | P1.15/tin |
Section 2. The ceiling prices fixed in this Order include for Cafe Puro the 7 per cent sales tax and for Hereford Brand Corned Beef the 7 per cent sales tax and 1 per cent municipal tax.
Section 3. This Order shall take effect immediately.
Done in the City of Manila, this 11th day of November, in the year of Our Lord, nineteen hundred and fifty-two, and of the Independence of the Philippines, the seventh.
(SGD.) ELPIDIO QUIRINO
President of the Philippines
By the President:
(SGD.) MARCIANO ROQUE
Acting Executive Secretary
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